A federal judge has ruled that BP p.l.c. (NYSE:BP) must stand by the agreement made with the companies it compensated for losses after the 2010 Gulf oil spill despite the oil giant saying some claims were overestimated. BP argued that a flawed funding formula enabled nearly 800 businesses to overestimate their spill-related claims. BP p.l.c. (NYSE:BP) belongs to Basic Materials sector. Its net profit margin is 3.00% and weekly performance is -4.52%. On last trading day company shares ended up $44.36. BP p.l.c. (NYSE:BP) distance from 50-day simple moving average (SMA50) is -7.21%.
Schlumberger Limited. (NYSE:SLB) has received an average rating of “Buy” from the thirty-one ratings firms that are covering the stock, Analyst RN reports. One research analyst has rated the stock with a hold recommendation and twenty-seven have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $127.50. Schlumberger Limited (NYSE:SLB) shares increased 2.43% in last trading session and ended the day at $103.46. SLB Gross Margin is 22.70% and its return on assets is 9.80%. Schlumberger Limited (NYSE:SLB) quarterly performance is -11.85%.
Shares of BlackBerry Ltd (NASDAQ:BBRY) rallied in premarket trade Friday after the Canadian smartphone maker’s narrower-than-expected fiscal second-quarter loss offset a miss in sales. For the quarter ended Aug. 30, the net loss was $207 million, or 39 cents a share, compared with a loss of $965 million, or $1.84 a share, in the year-earlier period. Excluding non-recurring items, the adjusted per-share loss was 2 cents, beating the FactSet consensus analyst loss estimate of 15 cents. Revenue fell to $916 million from last year’s $1.57 billion, missing analyst forecasts of $951 million. BlackBerry Ltd (NASDAQ:BBRY) belongs to Technology sector. Its net profit margin is -6.73% and weekly performance is -5.79%. On last trading day company shares ended up $10.26. BlackBerry Ltd (NASDAQ:BBRY) distance from 50-day simple moving average (SMA50) is 1.94%.
On Sept. 17, HF2 Financial Management Inc. (NASDAQ:HTWO), announced that it has entered into a definitive agreement to acquire a majority equity interest in ZAIS Group Parent, LLC (“ZGP”). The transaction will facilitate the public flotation of ZAIS and provide the Company with significant equity capital to accelerate its strategic growth initiatives and capitalize on current and future market dislocations. The investment is designed to align the interests of the Company’s current owners, management team and key employees with HF2’s public stockholders and to provide incentives for growth over time. HF2 Financial Management Inc. (NASDAQ:HTWO) ended the last trading day at $10.44. Company weekly volatility is calculated as 0.31% and price to cash ratio as 1231.40. HF2 Financial Management Inc. (NASDAQ:HTWO) showed a weekly performance of 0.77%.
On Sep 9 FuelCell Energy Inc. (NASDAQ:FCEL) announced an agreement to sell its previously announced 1.4 megawatt fuel cell power plant project at the University of Bridgeport to NRG Energy. The ownership of the project will transfer to NRG Energy upon substantial completion of construction. Commercial operations at the power plant is expected no later than early 2015. FuelCell Energy Inc. (NASDAQ:FCEL) shares increased 0.48% in last trading session and ended the day at $2.09. FCEL Gross Margin is 5.70% and its return on assets is -18.70%. FuelCell Energy Inc. (NASDAQ:FCEL) quarterly performance is -13.64%.